Invesaro

Stocks Comparison

Armstrong World Industries vs Latham: revenue, profit, margins and growth compared

Armstrong World Industries brought in $1.6B of revenue in fiscal 2025, Latham $545.9M in fiscal 2025. Revenue changed by +12.1% at Armstrong World Industries and +7.4% at Latham on the year before, so Armstrong World Industries grew faster. Armstrong World Industries kept 19.0% of its revenue as net profit, Latham 2.0%. Free cash flow was $246.1M at Armstrong World Industries and $38M at Latham.

Side by side, latest fiscal year

AWISWIM
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$1.6B$545.9M
Revenue growth+12.1%+7.4%
Net income$308.7M$11.1M
Net margin19.0%2.0%
Free cash flow$246.1M$38M
Free cash flow margin15.2%7.0%
Earnings per share (diluted)$7.08$0.09
Cash$112.7M$71M
Debt$406.7M$279.8M
Price to earnings23.069.4
Market value$6.9B$734.7M
Dividend yield0.78%n/a
Rank by revenue in sector#238 of 451 · Industrials#312 of 451 · Industrials

Over the years

Revenue
AWI FY2018: $975.3MAWI FY2019: $1BAWI FY2020: $936.9MAWI FY2021: $1.1BAWI FY2022: $1.2BAWI FY2023: $1.3BAWI FY2024: $1.4BAWI FY2025: $1.6BSWIM FY2019: $318MSWIM FY2021: $403.4MSWIM FY2021: $630.5MSWIM FY2022: $695.7MSWIM FY2023: $566.5MSWIM FY2024: $508.5MSWIM FY2025: $545.9MFY18FY19FY20FY21FY22FY23FY24FY25
AWI $1.6BSWIM $545.9M
Net income
AWI FY2018: $185.9MAWI FY2019: $214.5MAWI FY2020: -$99.1MAWI FY2021: $183.2MAWI FY2022: $202.9MAWI FY2023: $223.8MAWI FY2024: $264.9MAWI FY2025: $308.7MSWIM FY2019: $7.5MSWIM FY2021: $16MSWIM FY2021: -$62.3MSWIM FY2022: -$5.7MSWIM FY2023: -$2.4MSWIM FY2024: -$17.9MSWIM FY2025: $11.1MFY18FY19FY20FY21FY22FY23FY24FY25
AWI $308.7MSWIM $11.1M
Net margin
AWI FY2018: 19.1%AWI FY2019: 20.7%AWI FY2020: -10.6%AWI FY2021: 16.6%AWI FY2022: 16.5%AWI FY2023: 17.3%AWI FY2024: 18.3%AWI FY2025: 19.0%SWIM FY2019: 2.3%SWIM FY2021: 4.0%SWIM FY2021: -9.9%SWIM FY2022: -0.8%SWIM FY2023: -0.4%SWIM FY2024: -3.5%SWIM FY2025: 2.0%FY18FY19FY20FY21FY22FY23FY24FY25
AWI 19.0%SWIM 2.0%
Revenue growth
AWI FY2019: +6.4%AWI FY2020: -9.7%AWI FY2021: +18.1%AWI FY2022: +11.4%AWI FY2023: +5.0%AWI FY2024: +11.6%AWI FY2025: +12.1%SWIM FY2021: +26.9%SWIM FY2021: +56.3%SWIM FY2022: +10.4%SWIM FY2023: -18.6%SWIM FY2024: -10.2%SWIM FY2025: +7.4%FY19FY20FY21FY22FY23FY24FY25
AWI +12.1%SWIM +7.4%
Free cash flow
AWI FY2018: $131.3MAWI FY2019: $111.4MAWI FY2020: $163.4MAWI FY2021: $107.4MAWI FY2022: $107.6MAWI FY2023: $149.7MAWI FY2024: $184MAWI FY2025: $246.1MSWIM FY2019: $27.5MSWIM FY2021: $46.9MSWIM FY2021: $8.7MSWIM FY2022: -$7.4MSWIM FY2023: $83.2MSWIM FY2024: $41.2MSWIM FY2025: $38MFY18FY19FY20FY21FY22FY23FY24FY25
AWI $246.1MSWIM $38M

Fiscal years as each company reports them; the two may end in different months.

Questions about Armstrong World Industries and Latham

Which is bigger by revenue, Armstrong World Industries or Latham?

Armstrong World Industries is bigger by revenue: $1.6B in fiscal 2025, against $545.9M for Latham in fiscal 2025.

Which keeps more of its revenue as profit, Armstrong World Industries or Latham?

Armstrong World Industries had a net margin of 19.0% in fiscal 2025; Latham had 2.0% in fiscal 2025.

Which grew revenue faster, Armstrong World Industries or Latham?

In their latest fiscal years revenue changed by +12.1% at Armstrong World Industries and +7.4% at Latham.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies